Quantitative and Qualitative Disclosures About Market Risk.
−Removed: of June 30, 2022, our exposure to market risk was primarily from our At The Market Facility.
−Removed: During the quarter the price at which we
−Removed: sold our common stock per share fluctuated from $5.34 to $28.92 with an average price per share of $13.38.
−Removed: We would have risk on our
−Removed: commercial credit facility had we drawn down upon it as the interest rate changes at the greater of 6% or the prime rate plus 2.75%.
+Added: of September 30, 2022, our exposure to market risk was primarily from our At-The-Market Facility.
+Added: During the quarter the price at which
+Added: we sold our common stock per share fluctuated from $5.54 to $18.24 with an average price per share of $11.85.
+Added: We also have interest rate
+Added: risk associated with our RLOC and Term Loan facilities, both of which bear interest at a variable rate tied to the Wall Street Journal
We have no other floating debt obligations.
−Removed: Our interest rate exposure will be primarily
−Removed: due to differences between our floating rate debt obligations compared to our floating rate short-term investments.
−Removed: Our ability to borrow under our Revolving Line of Credit is based upon a floating formula regarding the value of
−Removed: collateral which is our owned bitcoin, thus decreases in the market price for bitcoin limit our ability to borrow under the facility.
+Added: Our interest rate exposure will be primarily due to differences between our floating
+Added: rate debt obligations compared to our floating rate short-term investments.
+Added: Our ability to borrow under our debt facilities is based
+Added: upon a floating formula regarding the value of collateral, which is our owned bitcoin, thus decreases in the market price for bitcoin
+Added: limit our ability to borrow under the facility.
have been no other material changes in our primary risk exposures or management of market risks as of this quarter.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.